The present study reviews the literature about dynamic decision-making and judgment of low-probability, high …-consequence events. The specific features of this situation under risk and uncertainty imply an anomaly: while the single probability of … effective policies and risk management strategies ... ; eng …

We investigate various statistical methods for forecasting risky choices and identify important decision predictors …

Extreme weather events pose an economic threat to farms. The risk management behaviour against such events is often … higher the differences, which is particularly important for managing risk from low-probability shocks. Despite these … that individual responses to the artefactual and student experiments correlate with the risk attitude self …